Search This Blog

Wednesday, February 20, 2019

Accelerate Diagnostics price target raised to $22 from $17 at Piper Jaffray

Piper Jaffray analyst William Quirk raised his price target for Accelerate Diagnostics to $22 after the company reported Q4 revenue inline with its preannouncement. The analyst continues to believe the reagent rental shift is the correct market approach for Pheno, and looks forward to increasing placements in the coming quarters. He keeps an Overweight rating on Accelerate Diagnostics.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.